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Finance Minister Chrystia Freeland arrives to a news conference prior to delivering the budget in the House of Commons in Ottawa on April 19, 2021. (Photo: Reuters/Blair Gable)
General, Machinery and Shop, Weather

Federal budget to offer direct payments to farmers for carbon pricing

Other new 'green growth' funding also on deck

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The federal government’s 2021 budget offers up new spending to support farmers combatting climate change through targeted investments — and, in some cases, direct payments. Finance Minister Chrystia Freeland released the budget Monday, showing the majority of new spending will take place over three years and be largely focused on “green growth.” “Budget 2021 announces […] Read more
CME August 2021 feeder cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs down on demand concerns

'We got a little bit ahead of ourselves'

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Chicago | Reuters — CME Group hog futures fell sharply for the second day in a row on Friday, with the most-active June contract sinking 2.9 per cent to its lowest since March 23. Cattle futures also were weaker, with the June live cattle contract notching its seventh straight losing session. The market was correcting […] Read more
(Assnat.qc.ca)
Livestock, Markets

Set-aside funded for Quebec hog, cattle, big game producers

Feds, province pledge $21.8 million AgriRecovery plan

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Farmers tending feeder hogs, fed cattle and big game animals such as elk, red deer, bison and wild boar in Quebec can expect $21.8 million in AgriRecovery to compensate for COVID-19’s drag on the province’s slaughter capacity. Federal Agriculture Minister Marie-Claude Bibeau and her Quebec counterpart Andre Lamontagne on Thursday announced their governments’ respective 60-40 […] Read more
Columns

Toban Dyck: The bar between “lunacy” and “worth exploring” has lowered considerably

In the wake of COVID-19, few things remain sacred. In this case, it’s tillage

By
The changes we’ve all been forced to endure have called my spring plans into question. The disruption that has been thrust upon us, leaving us to choose between adapting to an ever-changing political and social landscape, enduring it, stubbornly opposing it and everything in-between has seeped into my farming plans. I’m looking at this spring […] Read more
A worker at Cargill’s London, Ont. chicken plant demonstrates the deboning process for a 2014 McDonald’s video on the meat used to make McNuggets. (McDonald’s Canada video screengrab via YouTube)
Livestock, Poultry/Eggs

Cargill shuts Ontario chicken plant against COVID

Other packers being sought to take birds

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Agrifood firm Cargill is seeking slaughter space for Ontario chickens at other processors after temporarily closing its London poultry packing plant Tuesday against an outbreak of COVID-19 among workers. The company said Tuesday it was “taking this step out of an abundance of caution as our local workforce deals with the community-wide impacts of COVID-19.” […] Read more
CME June 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle, lean hogs set new contract highs

June hogs turn lower before close

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Chicago | Reuters — Strong meat demand pushed U.S. live cattle and lean hog futures to new contract highs on Monday. The cattle market benefited from increasing demand for beef as the U.S. is entering the summer grilling season, analysts said. Prices for choice cuts of boxed beef soared by $5.82, to $258.67/cwt, while select […] Read more
(Dave Bedard photo)
Livestock, Reuters

U.S. pork processors face higher costs, slower speeds after court ruling

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Chicago | Reuters — An industry group representing America’s biggest meatpackers on Thursday pushed the U.S. Department of Agriculture to appeal a federal court decision that canceled an agency rule that allows pork plants to slaughter pigs more quickly. The decision issued Wednesday in U.S. District Court in Minnesota could raise costs for meatpackers like […] Read more
PPE care and use during COVID-19
News, Wheat & Chaff

PPE care and use during COVID-19

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Farmers of all different commodities are intimately familiar with personal protective equipment (PPE). Everything from work gloves and steel-toed boots to respirators and coveralls, all farms have spent a small fortune to keep everyone well equipped with the items they need to reduce the risk of injury or illness. Since the beginning of the COVID-19 […] Read more
(JBSFoodCanada.ca)
Beef Cattle, Hogs, Livestock, Reuters

JBS profit bolstered by weak currency, strong Chinese and U.S. markets

China became third largest beef export market for JBS Canada, company says

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Sao Paulo | Reuters — Meat processor JBS SA’s fourth-quarter profit rose 65 per cent from a year earlier, boosted by strong food sales in China and the U.S. and a sharp devaluation of Brazil’s real currency, the company said in a securities filing on Wednesday. For full-year 2020 its profit was 4.6 billion reais, […] Read more
Photo: ARS/USDA
Hogs, Livestock, Markets

Hog market recovering from pandemic lows

China again a major driver of hog values

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MarketsFarm — In April 2020, during the early days of the COVID-19 pandemic, prices for lean hog futures dropped to their lowest point since 2002, falling below US$40 per hundredweight. Nearly a year later, the industry is in the middle of a speedy recovery. At the Chicago Mercantile Exchange (CME) on Thursday, lean hog futures […] Read more

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending April 16, 2021.

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